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Smithfield Foods (SFD) Financials

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$25.44 -0.51 (-1.97%)
Closing price 04:00 PM Eastern
Extended Trading
$25.50 +0.06 (+0.24%)
As of 05:31 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for Smithfield Foods

Annual Income Statements for Smithfield Foods

This table shows Smithfield Foods' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2022 2023 2024 2025
Period end date 12/28/2014 1/3/2016 1/1/2023 12/31/2023 12/29/2024 12/28/2025
Net Income / (Loss) Attributable to Common Shareholders
556 477 870 17 953 987
Consolidated Net Income / (Loss)
556 452 881 23 970 998
Net Income / (Loss) Continuing Operations
556 477 811 -133 798 998
Total Pre-Tax Income
773 648 1,047 -129 1,061 1,270
Total Operating Income
932 794 1,117 -56 1,118 1,292
Total Gross Profit
1,776 1,755 1,495 889 1,897 2,089
Total Revenue
15,031 14,438 16,199 14,640 14,142 15,531
Operating Revenue
15,031 14,438 16,199 14,640 14,142 15,531
Total Cost of Revenue
13,256 12,683 14,704 13,751 12,244 13,442
Operating Cost of Revenue
13,256 12,683 14,704 13,751 12,244 13,442
Total Operating Expenses
844 962 378 945 780 797
Selling, General & Admin Expense
902 973 807 1,050 840 849
Other Operating Expenses / (Income)
-58 -12 -429 -105 -60 -52
Total Other Income / (Expense), net
-159 -121 -69 -73 -57 -23
Interest Expense
159 121 87 76 66 41
Other Income / (Expense), net
- - 18 3.00 9.00 18
Income Tax Expense
217 196 231 -41 271 283
Other Gains / (Losses), net
- - -6.00 -46 8.00 12
Net Income / (Loss) Discontinued Operations
- - 70 155 170 0.00
Net Income / (Loss) Attributable to Noncontrolling Interest
- - 22 10 31 22
Basic Earnings per Share
- - $2.29 $0.05 $2.51 $2.52
Weighted Average Basic Shares Outstanding
1K 1K 380.07M 380.07M 380.07M 392.04M
Diluted Earnings per Share
- - $2.29 $0.05 $2.51 $2.51
Weighted Average Diluted Shares Outstanding
1K 1K 380.07M 380.07M 380.07M 392.70M
Weighted Average Basic & Diluted Shares Outstanding
1K 1K - - 393.11M 393.48M
Cash Dividends to Common per Share
- - - - - $1.00

Quarterly Income Statements for Smithfield Foods

This table shows Smithfield Foods' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 3/31/2024 6/30/2024 9/30/2024 12/29/2024 3/30/2025 6/29/2025 9/28/2025 12/28/2025 3/29/2026
Net Income / (Loss) Attributable to Common Shareholders
156 301 291 205 224 188 248 327 246
Consolidated Net Income / (Loss)
154 306 300 210 227 188 252 331 249
Net Income / (Loss) Continuing Operations
112 259 209 218 227 188 252 331 249
Total Pre-Tax Income
152 317 276 316 304 254 318 394 323
Total Operating Income
163 334 285 336 321 260 310 401 333
Total Gross Profit
362 527 476 532 510 499 479 601 511
Total Revenue
3,444 3,412 3,334 3,952 3,771 3,786 3,747 4,227 3,800
Operating Revenue
3,444 3,412 3,334 3,952 3,771 3,786 3,747 4,227 3,800
Total Cost of Revenue
3,083 2,885 2,859 3,417 3,262 3,288 3,268 3,624 3,289
Operating Cost of Revenue
3,083 2,885 2,859 3,417 3,262 3,288 3,268 3,624 3,289
Total Operating Expenses
198 192 190 200 188 238 169 202 179
Selling, General & Admin Expense
199 194 200 247 197 268 178 206 180
Other Operating Expenses / (Income)
-1.00 -2.00 -10 -47 -9.00 -30 -9.00 -4.00 -1.00
Total Other Income / (Expense), net
-12 -17 -10 -18 -17 -7.00 8.00 -7.00 -9.00
Interest Expense
16 19 17 14 11 11 11 8.00 8.00
Other Income / (Expense), net
4.00 2.00 7.00 -4.00 -6.00 4.00 19 1.00 -1.00
Income Tax Expense
39 58 69 105 72 62 71 78 72
Other Gains / (Losses), net
-1.00 0.00 3.00 6.00 -5.00 -3.00 4.00 16 -2.00
Net Income / (Loss) Attributable to Noncontrolling Interest
-3.00 8.00 15 11 4.00 0.00 8.00 6.00 4.00
Basic Earnings per Share
$0.41 $0.79 $0.77 $0.54 $0.57 $0.48 $0.63 $0.84 $0.63
Weighted Average Basic Shares Outstanding
380.07M 380.07M 380.07M 380.07M 388.81M 393.11M 393.11M 392.04M 393.29M
Diluted Earnings per Share
$0.41 $0.79 $0.77 $0.54 $0.57 $0.48 $0.63 $0.83 $0.62
Weighted Average Diluted Shares Outstanding
380.07M 380.07M 380.07M 380.07M 389.06M 393.75M 394.59M 392.70M 394.67M
Weighted Average Basic & Diluted Shares Outstanding
- - - 393.11M 393.11M 393.11M 393.11M 393.48M 393.48M
Cash Dividends to Common per Share
- - - - $0.25 - - - $0.31

Annual Cash Flow Statements for Smithfield Foods

This table details how cash moves in and out of Smithfield Foods' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2022 2023 2024 2025
Period end date 12/28/2014 1/3/2016 1/1/2023 12/31/2023 12/29/2024 12/28/2025
Net Change in Cash & Equivalents
0.00 0.00 245 181 192 597
Net Cash From Operating Activities
0.00 0.00 517 1,034 1,137 1,094
Net Cash From Continuing Operating Activities
0.00 0.00 521 688 916 1,059
Net Income / (Loss) Continuing Operations
556 452 811 -133 798 998
Consolidated Net Income / (Loss)
556 452 881 23 970 998
Net Income / (Loss) Discontinued Operations
- - 70 155 172 0.00
Depreciation Expense
0.00 0.00 440 427 339 332
Non-Cash Adjustments To Reconcile Net Income
-556 -452 -423 -39 -45 9.00
Changes in Operating Assets and Liabilities, net
0.00 0.00 -306 433 -177 -245
Net Cash From Discontinued Operating Activities
- - -4.00 346 221 0.00
Net Cash From Investing Activities
0.00 0.00 193 -322 -469 -335
Net Cash From Continuing Investing Activities
0.00 0.00 274 -194 -298 -309
Purchase of Property, Plant & Equipment
0.00 0.00 -338 -353 -350 -341
Sale of Property, Plant & Equipment
0.00 0.00 8.00 219 99 14
Divestitures
0.00 0.00 606 13 0.00 0.00
Other Investing Activities, net
0.00 0.00 -21 -72 -47 -8.00
Net Cash From Discontinued Investing Activities
- - -81 -128 -171 0.00
Net Cash From Financing Activities
0.00 0.00 -477 -533 -464 -164
Net Cash From Continuing Financing Activities
0.00 0.00 -567 -353 -321 -164
Repayment of Debt
0.00 0.00 -801 -239 -45 -2.00
Repurchase of Common Equity
0.00 0.00 0.00 -15 0.00 0.00
Payment of Dividends
0.00 0.00 -551 -325 -290 -398
Issuance of Debt
0.00 0.00 785 226 14 0.00
Issuance of Common Equity
0.00 0.00 - 0.00 0.00 236
Net Cash From Discontinued Financing Activities
- - 90 -180 -143 0.00
Other Net Changes in Cash
- - 8.00 0.00 -5.00 0.00

Quarterly Cash Flow Statements for Smithfield Foods

This table details how cash moves in and out of Smithfield Foods' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 3/31/2024 6/30/2024 9/30/2024 12/29/2024 3/30/2025 6/29/2025 9/28/2025 12/28/2025 3/29/2026
Net Change in Cash & Equivalents
-522 55 -5.00 664 -15 -10 -145 767 -154
Net Cash From Operating Activities
-176 338 292 683 -166 274 13 973 -65
Net Cash From Continuing Operating Activities
-219 210 242 683 -167 274 13 938 -66
Net Income / (Loss) Continuing Operations
112 260 209 217 227 188 252 331 249
Consolidated Net Income / (Loss)
154 306 300 210 227 188 252 331 249
Depreciation Expense
82 83 88 86 83 82 83 84 83
Changes in Operating Assets and Liabilities, net
-414 -131 -56 424 -477 4.00 -321 549 -398
Net Cash From Investing Activities
-230 -86 -160 7.00 -85 -86 -68 -96 -80
Net Cash From Continuing Investing Activities
-119 -96 -90 7.00 -85 -86 -68 -70 -80
Purchase of Property, Plant & Equipment
-92 -81 -95 -82 -79 -79 -88 -95 -88
Sale and/or Maturity of Investments
- - - - 1.00 - - - 14
Other Investing Activities, net
-28 28 -45 -2.00 -7.00 -8.00 2.00 4.00 -6.00
Net Cash From Financing Activities
-113 -150 -170 -31 236 -198 -102 -100 -5.00
Net Cash From Continuing Financing Activities
-109 -93 -88 -31 236 -198 -102 -100 -5.00
Repayment of Debt
-21 -13 - -11 0.00 -1.00 -2.00 1.00 -5.00
Issuance of Common Equity
0.00 - - - 236 - - - 0.00
Effect of Exchange Rate Changes
- - - - 0.00 - - - -4.00

Annual Balance Sheets for Smithfield Foods

This table presents Smithfield Foods' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2023 2024 2025
Period end date 12/28/2014 1/3/2016 12/31/2023 12/29/2024 12/28/2025
Total Assets
10,132 9,894 13,317 11,054 12,177
Total Current Assets
3,749 3,741 4,921 4,202 5,166
Cash & Equivalents
434 705 687 943 1,539
Accounts Receivable
864 760 577 558 1,023
Inventories, net
2,207 2,100 2,536 2,412 2,328
Prepaid Expenses
244 176 163 290 276
Plant, Property, & Equipment, net
2,753 2,867 3,347 3,176 3,226
Total Noncurrent Assets
3,630 3,286 5,050 3,676 3,785
Long-Term Investments
498 143 191 202 209
Goodwill
1,626 1,620 1,627 1,613 1,623
Intangible Assets
1,381 1,366 1,274 1,266 1,260
Other Noncurrent Operating Assets
124 158 611 595 693
Total Liabilities & Shareholders' Equity
10,132 9,894 13,317 11,054 12,177
Total Liabilities
5,541 5,019 5,831 4,996 5,113
Total Current Liabilities
1,468 1,545 2,450 1,706 1,741
Short-Term Debt
48 30 90 3.00 3.00
Accounts Payable
675 686 789 777 856
Accrued Expenses
745 828 1,166 871 811
Other Current Liabilities
- - - 56 71
Total Noncurrent Liabilities
4,073 3,474 3,381 3,290 3,372
Long-Term Debt
2,679 2,258 2,006 1,999 2,000
Noncurrent Deferred & Payable Income Tax Liabilities
698 - 474 518 658
Noncurrent Employee Benefit Liabilities
575 - 255 279 207
Other Noncurrent Operating Liabilities
122 1,217 560 494 507
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
50 54 246 225 264
Total Equity & Noncontrolling Interests
4,540 4,821 7,241 5,834 6,801
Total Preferred & Common Equity
4,540 4,821 7,241 5,834 6,801
Preferred Stock
- - 0.00 0.00 0.00
Total Common Equity
4,540 4,821 7,240 5,834 6,800
Common Stock
4,167 4,185 4,152 3,102 3,338
Retained Earnings
591 1,013 3,588 3,184 3,776
Accumulated Other Comprehensive Income / (Loss)
-219 -378 -500 -452 -314

Quarterly Balance Sheets for Smithfield Foods

This table presents Smithfield Foods' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q2 2025 Q3 2025 Q1 2026
Period end date 3/30/2025 6/29/2025 9/28/2025 3/29/2026
Total Assets
11,146 11,186 11,523 12,002
Total Current Assets
4,334 4,292 4,594 5,031
Cash & Equivalents
928 928 773 1,386
Accounts Receivable
759 773 1,040 1,066
Inventories, net
2,385 2,288 2,468 2,348
Prepaid Expenses
262 302 313 232
Plant, Property, & Equipment, net
3,153 3,175 3,191 3,205
Total Noncurrent Assets
3,659 3,718 3,737 3,766
Long-Term Investments
197 203 202 209
Goodwill
1,613 1,619 1,621 1,622
Intangible Assets
1,264 1,262 1,260 1,258
Other Noncurrent Operating Assets
585 634 654 677
Total Liabilities & Shareholders' Equity
11,146 11,186 11,523 12,002
Total Liabilities
4,677 4,641 4,799 4,827
Total Current Liabilities
1,393 1,339 1,480 2,086
Short-Term Debt
58 3.00 3.00 602
Accounts Payable
447 444 597 489
Accrued Expenses
889 824 811 922
Other Current Liabilities
- 68 69 73
Total Noncurrent Liabilities
3,284 3,302 3,319 2,741
Long-Term Debt
2,000 2,001 2,001 1,401
Noncurrent Deferred & Payable Income Tax Liabilities
523 503 581 638
Noncurrent Employee Benefit Liabilities
277 271 215 209
Other Noncurrent Operating Liabilities
207 527 522 493
Commitments & Contingencies
0.00 0.00 0.00 0.00
Redeemable Noncontrolling Interest
243 245 257 311
Total Equity & Noncontrolling Interests
6,225 6,301 6,466 6,864
Total Preferred & Common Equity
6,225 6,301 6,466 6,864
Preferred Stock
0.00 0.00 0.00 0.00
Total Common Equity
6,225 6,301 6,467 6,864
Common Stock
3,325 3,335 3,333 3,292
Retained Earnings
3,308 3,398 3,548 3,897
Accumulated Other Comprehensive Income / (Loss)
-408 -432 -414 -325

Annual Metrics And Ratios for Smithfield Foods

This table displays calculated financial ratios and metrics derived from Smithfield Foods' official financial filings.

Metric 2014 2015 2022 2023 2024 2025
Period end date 12/28/2014 1/3/2016 1/1/2023 12/31/2023 12/29/2024 12/28/2025
DEI Shares Outstanding
- - - - - 393,112,711.00
DEI Adjusted Shares Outstanding
- - - - - 393,112,711.00
DEI Earnings Per Adjusted Shares Outstanding
- - - - - 2.51
Growth Metrics
- - - - - -
Profitability Metrics
- - - - - -
Net Operating Profit after Tax (NOPAT)
670 554 871 -39 832 1,004
Return On Investment Capital (ROIC_SIMPLE)
- - - -0.42% 10.55% 11.41%
Earnings before Interest and Taxes (EBIT)
932 794 1,135 -53 1,127 1,310
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
932 794 1,575 374 1,466 1,642
Valuation Ratios
- - - - - -
Leverage & Solvency
- - - - - -
Liquidity Ratios
- - - - - -
Cash Flow Metrics
- - - - - -
Free Cash Flow to Firm (FCFF)
-5,714 623 0.00 -6,930 752 600
Efficiency Ratios
- - - - - -
Capital & Investment Metrics
- - - - - -
Invested Capital
6,384 6,316 0.00 6,891 6,971 7,319
Increase / (Decrease) in Invested Capital
6,384 -68 0.00 6,891 80 404
Book Value per Share
$4,539,500.00 $4,820,500.00 $0.00 $7,240,000.00 $5,834,000.00 $17.30
Tangible Book Value per Share
$1,532,400.00 $1,835,300.00 $0.00 $4,339,000.00 $2,955,000.00 $9.96
Total Capital
7,317 7,163 0.00 9,583 8,117 9,068
Total Debt
2,727 2,288 0.00 2,096 2,058 2,003
Total Long-Term Debt
2,679 2,258 0.00 2,006 1,999 2,000
Net Debt
1,795 1,441 0.00 1,218 913 255
Capital Expenditures (CapEx)
0.00 0.00 330 134 251 327
Debt-free, Cash-free Net Working Capital (DFCFNWC)
1,895 1,522 0.00 1,874 1,612 1,889
Debt-free Net Working Capital (DFNWC)
2,329 2,227 0.00 2,561 2,555 3,428
Net Working Capital (NWC)
2,280 2,196 0.00 2,471 2,496 3,425
Net Nonoperating Expense (NNE)
114 102 -10 -62 -138 6.10
Net Nonoperating Obligations (NNO)
1,794 1,441 0.00 -596 912 254
Total Depreciation and Amortization (D&A)
0.00 0.00 440 427 339 332
Earnings Adjustments
- - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.00 $0.00 $2.51 $2.52
Adjusted Weighted Average Basic Shares Outstanding
1K 1K 0.00 0.00 380.07M 392.04M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $2.51 $2.51
Adjusted Weighted Average Diluted Shares Outstanding
1K 1K 0.00 0.00 380.07M 392.70M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
1K 1K 0.00 0.00 393.11M 393.48M
Normalized Net Operating Profit after Tax (NOPAT)
670 554 871 -39 832 1,004
Debt Service Ratios
- - - - - -
Payout Ratios
- - - - - -

Quarterly Metrics And Ratios for Smithfield Foods

This table displays calculated financial ratios and metrics derived from Smithfield Foods' official financial filings.

Metric Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026
Period end date 3/31/2024 6/30/2024 9/30/2024 12/29/2024 3/30/2025 6/29/2025 9/28/2025 12/28/2025 3/29/2026
DEI Shares Outstanding
- - - 1,000.00 - - - 393,112,711.00 393,477,263.00
DEI Adjusted Shares Outstanding
- - - 1,000.00 - - - 393,112,711.00 393,477,263.00
DEI Earnings Per Adjusted Shares Outstanding
- - - 205,000.00 - - - 0.83 0.63
Growth Metrics
- - - - - - - - -
Revenue Growth
0.00% 0.00% 0.00% - 9.49% 10.96% 12.39% - 0.77%
EBITDA Growth
0.00% 0.00% 0.00% - 59.84% -17.42% 8.42% - 4.27%
EBIT Growth
0.00% 0.00% 0.00% - 88.62% -21.43% 12.67% - 5.40%
NOPAT Growth
0.00% 0.00% 0.00% - 102.16% -27.98% 12.65% - 5.63%
Net Income Growth
0.00% 0.00% 0.00% - 47.40% -38.56% -16.00% - 9.69%
EPS Growth
0.00% 0.00% 0.00% - 39.02% -39.24% -18.18% - 8.77%
Operating Cash Flow Growth
0.00% 0.00% 0.00% - 5.68% -18.93% -95.55% - 60.84%
Free Cash Flow Firm Growth
0.00% 0.00% 0.00% - 0.00% 0.00% 0.00% - 104.75%
Invested Capital Growth
0.00% 0.00% 0.00% - 0.00% 0.00% 0.00% - -1.22%
Revenue Q/Q Growth
0.00% -0.93% -2.29% - 0.00% 0.40% -1.03% - -10.10%
EBITDA Q/Q Growth
0.00% 68.27% -9.31% - 0.00% -13.07% 19.08% - -14.61%
EBIT Q/Q Growth
0.00% 101.20% -13.10% - 0.00% -16.19% 24.62% - -17.41%
NOPAT Q/Q Growth
0.00% 125.20% -21.67% - 0.00% -19.77% 22.52% - -19.54%
Net Income Q/Q Growth
0.00% 98.70% -1.96% - 0.00% -17.18% 34.04% - -24.77%
EPS Q/Q Growth
0.00% 92.68% -2.53% - 0.00% -15.79% 31.25% - -25.30%
Operating Cash Flow Q/Q Growth
0.00% 292.05% -13.61% - 0.00% 265.06% -95.26% - -106.68%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% - 0.00% 2.87% -4.04% - 528.19%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% - 0.00% -3.41% 4.53% - 3.62%
Profitability Metrics
- - - - - - - - -
Gross Margin
10.51% 15.45% 14.28% - 13.52% 13.18% 12.78% - 13.45%
EBITDA Margin
7.23% 12.28% 11.40% - 10.55% 9.14% 11.00% - 10.92%
Operating Margin
4.73% 9.79% 8.55% - 8.51% 6.87% 8.27% - 8.76%
EBIT Margin
4.85% 9.85% 8.76% - 8.35% 6.97% 8.78% - 8.74%
Profit (Net Income) Margin
4.47% 8.97% 9.00% - 6.02% 4.97% 6.73% - 6.55%
Tax Burden Percent
101.32% 96.53% 108.70% - 74.67% 74.02% 79.25% - 77.09%
Interest Burden Percent
91.02% 94.35% 94.52% - 96.51% 96.21% 96.66% - 97.29%
Effective Tax Rate
25.66% 18.30% 25.00% - 23.68% 24.41% 22.33% - 22.29%
Return on Invested Capital (ROIC)
0.00% 0.00% 0.00% - 24.48% 20.78% 25.29% - 13.89%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% 0.00% 0.00% - 21.51% 18.82% 27.47% - 12.68%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.00% 0.00% - 4.02% 2.50% 4.20% - 1.50%
Return on Equity (ROE)
0.00% 0.00% 0.00% - 28.51% 23.28% 29.50% - 15.39%
Cash Return on Invested Capital (CROIC)
0.00% 0.00% 0.00% - 0.00% 0.00% 0.00% - 14.57%
Operating Return on Assets (OROA)
0.00% 0.00% 0.00% - 10.84% 9.25% 11.62% - 11.75%
Return on Assets (ROA)
0.00% 0.00% 0.00% - 7.81% 6.59% 8.90% - 8.81%
Return on Common Equity (ROCE)
0.00% 0.00% 0.00% - 27.44% 22.41% 28.37% - 14.77%
Return on Equity Simple (ROE_SIMPLE)
0.00% 0.00% 0.00% - 16.76% 0.00% 0.00% - 0.00%
Net Operating Profit after Tax (NOPAT)
121 273 214 224 245 197 241 322 259
NOPAT Margin
3.52% 8.00% 6.41% - 6.50% 5.19% 6.43% - 6.81%
Net Nonoperating Expense Percent (NNEP)
0.00% 0.00% 0.00% - 2.97% 1.96% -2.18% - 1.21%
Return On Investment Capital (ROIC_SIMPLE)
- - - 2.86% 2.86% 2.37% 2.84% 3.65% 2.92%
Cost of Revenue to Revenue
89.52% 84.55% 85.75% - 86.50% 86.85% 87.22% - 86.55%
SG&A Expenses to Revenue
5.78% 5.69% 6.00% - 5.22% 7.08% 4.75% - 4.74%
R&D to Revenue
0.00% 0.00% 0.00% - 0.00% 0.00% 0.00% - 0.00%
Operating Expenses to Revenue
5.75% 5.63% 5.70% - 4.99% 6.29% 4.51% - 4.71%
Earnings before Interest and Taxes (EBIT)
167 336 292 332 315 264 329 402 332
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
249 419 380 418 398 346 412 486 415
Valuation Ratios
- - - - - - - - -
Price to Book Value (P/BV)
0.00 0.00 0.00 - 1.25 1.44 1.42 - 1.52
Price to Tangible Book Value (P/TBV)
0.00 0.00 0.00 - 2.32 2.66 2.57 - 2.62
Price to Revenue (P/Rev)
0.00 0.00 0.00 - 0.54 0.61 0.60 - 0.67
Price to Earnings (P/E)
0.00 0.00 0.00 - 7.61 10.03 10.65 - 10.33
Dividend Yield
0.00% 0.00% 0.00% - 0.00% 2.16% 3.21% - 3.79%
Earnings Yield
0.00% 0.00% 0.00% - 13.14% 9.97% 9.39% - 9.68%
Enterprise Value to Invested Capital (EV/IC)
0.00 0.00 0.00 - 1.20 1.38 1.35 - 1.47
Enterprise Value to Revenue (EV/Rev)
0.00 0.00 0.00 - 0.64 0.69 0.69 - 0.72
Enterprise Value to EBITDA (EV/EBITDA)
0.00 0.00 0.00 - 5.71 6.63 6.67 - 6.71
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 - 7.24 8.50 8.47 - 8.39
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 - 9.65 11.61 11.56 - 10.94
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 - 8.04 9.44 13.06 - 9.32
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 - 0.00 0.00 0.00 - 10.02
Leverage & Solvency
- - - - - - - - -
Debt to Equity
0.00 0.00 0.00 - 0.36 0.31 0.30 - 0.28
Long-Term Debt to Equity
0.00 0.00 0.00 - 0.35 0.31 0.30 - 0.20
Financial Leverage
0.00 0.00 0.00 - 0.19 0.13 0.15 - 0.12
Leverage Ratio
0.00 0.00 0.00 - 1.72 1.71 1.71 - 1.70
Compound Leverage Factor
0.00 0.00 0.00 - 1.66 1.64 1.66 - 1.65
Debt to Total Capital
0.00% 0.00% 0.00% - 26.53% 23.44% 22.96% - 21.82%
Short-Term Debt to Total Capital
0.00% 0.00% 0.00% - 0.66% 0.04% 0.03% - 6.56%
Long-Term Debt to Total Capital
0.00% 0.00% 0.00% - 25.87% 23.40% 22.93% - 15.26%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% - 0.00% 0.00% 0.00% - 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% - 2.76% 2.87% 2.94% - 3.39%
Common Equity to Total Capital
0.00% 0.00% 0.00% - 70.71% 73.70% 74.10% - 74.79%
Debt to EBITDA
0.00 0.00 0.00 - 1.45 1.30 1.27 - 1.21
Net Debt to EBITDA
0.00 0.00 0.00 - 0.75 0.57 0.65 - 0.25
Long-Term Debt to EBITDA
0.00 0.00 0.00 - 1.41 1.30 1.27 - 0.84
Debt to NOPAT
0.00 0.00 0.00 - 2.44 2.28 2.21 - 1.97
Net Debt to NOPAT
0.00 0.00 0.00 - 1.27 0.99 1.13 - 0.40
Long-Term Debt to NOPAT
0.00 0.00 0.00 - 2.38 2.27 2.20 - 1.38
Altman Z-Score
0.00 0.00 0.00 - 3.12 3.32 3.33 - 3.43
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% - 3.76% 3.74% 3.81% - 4.06%
Liquidity Ratios
- - - - - - - - -
Current Ratio
0.00 0.00 0.00 - 3.11 3.21 3.10 - 2.41
Quick Ratio
0.00 0.00 0.00 - 1.21 1.27 1.23 - 1.18
Cash Flow Metrics
- - - - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 0.00 0.00 0.00 -7,433 -7,219 -7,511 -82 353
Operating Cash Flow to CapEx
-191.30% 417.28% 307.37% - -210.13% 346.84% 14.77% - -73.86%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 - -675.73 -656.32 -682.84 - 44.10
Operating Cash Flow to Interest Expense
-11.00 17.79 17.18 - -15.09 24.91 1.18 - -8.13
Operating Cash Flow Less CapEx to Interest Expense
-16.75 13.53 11.59 - -22.27 17.73 -6.82 - -19.13
Efficiency Ratios
- - - - - - - - -
Asset Turnover
0.00 0.00 0.00 - 1.30 1.33 1.32 - 1.34
Accounts Receivable Turnover
0.00 0.00 0.00 - 19.06 19.20 14.67 - 17.05
Inventory Turnover
0.00 0.00 0.00 - 5.21 5.61 5.36 - 5.69
Fixed Asset Turnover
0.00 0.00 0.00 - 4.59 4.68 4.78 - 4.89
Accounts Payable Turnover
0.00 0.00 0.00 - 27.79 28.89 22.17 - 28.78
Days Sales Outstanding (DSO)
0.00 0.00 0.00 - 19.15 19.01 24.88 - 21.41
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 - 70.07 65.11 68.06 - 64.13
Days Payable Outstanding (DPO)
0.00 0.00 0.00 - 13.13 12.64 16.46 - 12.68
Cash Conversion Cycle (CCC)
0.00 0.00 0.00 - 76.09 71.48 76.48 - 72.85
Capital & Investment Metrics
- - - - - - - - -
Invested Capital
0.00 0.00 0.00 6,915 7,678 7,416 7,752 7,319 7,584
Invested Capital Turnover
0.00 0.00 0.00 - 3.77 4.00 3.94 - 2.04
Increase / (Decrease) in Invested Capital
0.00 0.00 0.00 0.00 7,678 7,416 7,752 404 -94
Enterprise Value (EV)
0.00 0.00 0.00 - 9,225 10,222 10,500 - 11,139
Market Capitalization
522 522 522 - 7,772 9,104 9,214 - 10,420
Book Value per Share
$0.00 $0.00 $0.00 $5,834,000.00 $15.84 $16.03 $16.45 $17.30 $17.44
Tangible Book Value per Share
$0.00 $0.00 $0.00 $2,955,000.00 $8.52 $8.70 $9.12 $9.96 $10.13
Total Capital
0.00 0.00 0.00 8,061 8,803 8,550 8,727 9,068 9,178
Total Debt
0.00 0.00 0.00 2,002 2,335 2,004 2,004 2,003 2,003
Total Long-Term Debt
0.00 0.00 0.00 1,999 2,277 2,001 2,001 2,000 1,401
Net Debt
0.00 0.00 0.00 857 1,210 873 1,029 255 408
Capital Expenditures (CapEx)
92 81 95 -9.00 79 79 88 87 88
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 0.00 0.00 1,556 2,071 2,028 2,344 1,889 2,161
Debt-free Net Working Capital (DFNWC)
0.00 0.00 0.00 2,499 2,999 2,956 3,117 3,428 3,547
Net Working Capital (NWC)
0.00 0.00 0.00 2,496 2,941 2,953 3,114 3,425 2,945
Net Nonoperating Expense (NNE)
-33 -33 -86 14 18 8.54 -11 -9.39 9.77
Net Nonoperating Obligations (NNO)
0.00 0.00 0.00 856 1,210 870 1,029 254 409
Total Depreciation and Amortization (D&A)
82 83 88 86 83 82 83 84 83
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 0.00% 0.00% - 14.31% 13.66% 15.36% - 13.89%
Debt-free Net Working Capital to Revenue
0.00% 0.00% 0.00% - 20.73% 19.92% 20.43% - 22.80%
Net Working Capital to Revenue
0.00% 0.00% 0.00% - 20.33% 19.89% 20.41% - 18.93%
Earnings Adjustments
- - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 $0.00 $0.54 $0.57 $0.48 $0.63 $0.84 $0.63
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 0.00 380.07M 388.81M 393.11M 393.11M 392.04M 393.29M
Adjusted Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.54 $0.57 $0.48 $0.63 $0.83 $0.62
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 0.00 380.07M 389.06M 393.75M 394.59M 392.70M 394.67M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 0.00 393.11M 393.11M 393.11M 393.11M 393.48M 393.48M
Normalized Net Operating Profit after Tax (NOPAT)
121 273 214 224 245 197 241 322 259
Normalized NOPAT Margin
3.52% 8.00% 6.41% - 6.50% 5.19% 6.43% - 6.81%
Pre Tax Income Margin
4.41% 9.29% 8.28% - 8.06% 6.71% 8.49% - 8.50%
Debt Service Ratios
- - - - - - - - -
EBIT to Interest Expense
10.44 17.68 17.18 - 28.64 24.00 29.91 - 41.50
NOPAT to Interest Expense
7.57 14.36 12.57 - 22.27 17.87 21.89 - 32.35
EBIT Less CapEx to Interest Expense
4.69 13.42 11.59 - 21.45 16.82 21.91 - 30.50
NOPAT Less CapEx to Interest Expense
1.82 10.10 6.99 - 15.09 10.69 13.89 - 21.35
Payout Ratios
- - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% - 19.37% 32.97% 36.15% - 0.00%
Augmented Payout Ratio
0.00% 0.00% 0.00% - 19.37% 32.97% 36.15% - 0.00%

Financials Breakdown Chart

Key Financial Trends

Smithfield Foods (SFD) continues to show healthier cash flow and steady profitability across the most recent four quarters. The company posted year‑over‑year top‑line growth in 2025, maintained mid‑teens gross margins, expanded operating income, and generated strong cash flow from operations, underpinning a robust balance sheet and ongoing shareholder returns. Below are the key takeaways for retail investors.

  • Total revenue rose to about $4.23B in Q4 2025, up from about $3.95B in Q4 2024, signaling solid top‑line growth through 2025.
  • Gross profit reached about $601M in Q4 2025, for a gross margin of roughly 14.2% (601M/4,227M), up from about $532M and a 13.4% margin in Q4 2024.
  • Operating income grew to $401M in Q4 2025 from $316M in Q4 2024, indicating improving operating leverage.
  • Net income attributable to common shareholders rose to $327M in Q4 2025, with diluted EPS of $0.83, up from $205M and $0.54 in Q4 2024.
  • Net cash from continuing operating activities climbed to $938M in Q4 2025, compared with $683M in Q4 2024, signaling strong cash generation.
  • Estimated quarterly free cash flow around $843M in Q4 2025 (CFO of about $938M minus capex of roughly $95M), highlighting substantial cash generation after maintenance capex.
  • Shareholder returns continued with $101M paid in dividends in Q4 2025, reflecting a shareholder‑friendly payout policy.
  • Balance sheet remained robust with total assets near $11.5B and total equity around $6.3B by Q3 2025, supporting a solid capitalization and liquidity position.
  • Debt burden remained manageable, with long‑term debt around $2.0B and no material step‑ups, supported by the consistent cash flow profile.
  • Capex remained modest and stable, with purchases of PPE typically in the $80–95M per quarter range in 2025, suggesting ongoing maintenance‑driven investment rather than aggressive expansion.
05/11/26 05:37 PM ETAI Generated. May Contain Errors.

Smithfield Foods Financials - Frequently Asked Questions

According to the most recent income statement we have on file, Smithfield Foods' financial year ends in December. Their financial year 2025 ended on December 28, 2025.

Smithfield Foods' net income appears to be on an upward trend, with a most recent value of $998 million in 2025, rising from $556.10 million in 2014. The previous period was $970 million in 2024. View Smithfield Foods' forecast to see where analysts expect Smithfield Foods to go next.

Smithfield Foods' total operating income in 2025 was $1.29 billion, based on the following breakdown:
  • Total Gross Profit: $2.09 billion
  • Total Operating Expenses: $797 million

Over the last 5 years, Smithfield Foods' total revenue changed from $15.03 billion in 2014 to $15.53 billion in 2025, a change of 3.3%.

Smithfield Foods' total liabilities were at $5.11 billion at the end of 2025, a 2.3% increase from 2024, and a 7.7% decrease since 2014.

In the past 4 years, Smithfield Foods' cash and equivalents has ranged from $433.50 million in 2014 to $1.54 billion in 2025, and is currently $1.54 billion as of their latest financial filing in 2025.

Over the last 5 years, Smithfield Foods' book value per share changed from 4,539,500.00 in 2014 to 17.30 in 2025, a change of -100.0%.



Financial statements for NASDAQ:SFD last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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